FTX Holders Likely to Get 100% Money Back! Fact Or Rumor?

The post FTX Holders Likely to Get 100% Money Back! Fact Or Rumor? appeared first on Coinpedia Fintech News

Recently, a transcript of Tiffany Fong’s phone conversation with SBF surfaced. According to reports, the interview took place five days after FTX declared bankruptcy on November 11. SBF makes a few exaggerated statements concerning fund recovery in this interview.

he assured customers of FTX US that they would receive a complete refund. SBF continued in his phone interview: “If nothing happens, if I can never do anything again… Users of FTX will receive $1 for every $1 spent, while FTX will receive $25 for every $1 spent.

Sam Bankman-Fried, the disgraced founder of the cryptocurrency exchange FTX, has been intermittently appearing on Twitter lately. He is reportedly scheduled to speak on November 30 at the DealBook Summit, the annual conference of the New York Times.